Russian leader Vladimir Putin has signed a law enabling the confiscation of property belonging to Russians who have moved abroad and committed offences against the interests of the Russian Federation.

Source: Latvia-based Russian media outlet Meduza

Details: The document will enter into force on 1 September. Russia’s State Duma, the lower house of the parliament, approved it on 26 May.

From autumn onwards, Russians residing abroad may have their assets confiscated under more than 10 articles of the Code of Administrative Offences, many of which, according to DW, can be used for politically motivated persecution.

These include, for example, charges for “violating the rules governing the activities of a ‘foreign agent'”, “production and distribution of extremist materials”, “spreading fake news and abuse of media freedom”, participation in the activities of “undesirable organisations” and “discrediting” the Russian military.

The list also includes “public equating of the actions and decisions of the leadership of the USSR and Nazi Germany”.

Offences that may also lead to property seizure include insulting the head of state and officials, “discrediting” the military and calls for sanctions to be imposed against Russia.

Background: Russia also intends to reduce crude oil exports as it plans to increase refining volumes in June amid fears of fuel shortages.

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